Tuesday, 5 March 2024

Best Retail Bank in Cambodia 2023 is Canadia Bank

5 min read

  • The winning bank posted strong financial results in Cambodia. The bank generated the highest revenue in 2022 among Cambodian banks and has the largest share in total retail deposits nationwide.
  • The bank also posted the highest return on equity and the lowest cost-to-income ratio. The bank’s loan-to-deposit ratio currently is at a healthy level of 80% to 85%, as the bank cautiously navigates through a liquidity-straining environment.
  • The bank is also launching a new mobile app to leverage its large ecosystem to attract younger customers; the average waiting time for offline services has been reduced to less than eight minutes across the country.
  • For its financial performance, efforts to upgrade both online and offline services, and well-managed loan-to-deposit structure, the Best Retail Bank in Cambodia is Canadia Bank.
 

 

Diary of Activities
The Asian Banker Summit 2024
22 - 23 May 2024
Finance Vietnam 2024
18 July 2024